Technology

Insight / £1m fund to aid charities improve digital skills

The government has announced a new £1m fund to expand training programmes for charities so that employees and trustees can improve their digital skills, including developing social media presence and online fundraising

Insight / How accounting firms can use chatbots to connect with clients

Melissa Hernandez, executive at Propero Partners, discusses the practical applications of artificial intelligence and the use of web-based chatbots by accounting firms to increase engagement with customers

Audit / Technology driving corporate reporting change, says EY

Smart technologies including artificial intelligence (AI), increased use of non-financial data and innovative approaches to recruitment are changing corporate reporting, enabling companies to offer greater transparency and so increase public trust in business, research by EY has found

Insight / Checklist: how to choose the right technology for finance transformation

Workiva provides a checklist of essential features to look for in technologies that can power your own finance transformation to support faster, more accurate financial planning and reporting

Insight / MHA MacIntyre Hudson signs partnership with tech firm

The top-20 accounting firm has entered into a strategic testing partnership with Inflo, a specialist in artificial intelligence and machine learning, in order to improve the technical offering for clients

Insight / Tenth anniversary of Bitcoin sees technology gaining acceptance

31 October 2018 marks the tenth anniversary of the creation of the Bitcoin cryptocurrency and blockchain, a means of guaranteeing the authenticity of transactions and information stored across different computer systems

Insight / Call for action to mitigate cryptocurrency risks

A taskforce established by the Treasury, the Bank of England and the Financial Conduct Authority (FCA) has concluded that distributed ledger technology (DLT) has the potential to deliver benefits to financial services and other sectors, but also carries significant risk

Insight / Tech degree students start fully-funded apprenticeships with PwC

PwC has signed up 111 students to a new fully-funded technology and data science degree programme, as part of an initiative to improve social mobility and attract more young people from a broader range of backgrounds into technology based careers at the Big Four firm

Audit / SEC wants better internal audit controls against cyber threats

The Securities and Exchange Commission (SEC) is urging companies to consider cyber threats more closely when implementing internal accounting controls, following a report on nine organisations that fell victim to cyber frauds with combined losses of some $100m (£76m)

Audit / The difficulty of auditing cryptocurrencies

Sarah Perrin ACA examines whether the complexity of cryptocurrencies poses a significant enough challenge to auditors to require the creation of new standards

Insight / Call for action over £20bn lost pension pots

As much as £20bn of savings could be sitting in over a million so-called ‘lost pension pots’ where savers have lost touch with their providers according to analysis from the Association of British Insurers (ABI), which says this underlines the need for the government’s proposed pensions dashboard

Insight / Bank of England to print polymer £50 banknote

The Treasury has announced it is to retain the £50 note - which has come under criticism over the role of high value notes in illicit transactions - but is to issue a new, more secure polymer version

Insight / Call for evidence on competition in the digital sector

A panel of experts is to investigate the subject of competition in the digital market, a field which is dominated by a small number of large companies, and make recommendations on future government policy

Insight / FreeAgent launches free RBS and NatWest licences

Cloud accounting software provider FreeAgent has launched a new set of licences specifically for accountants with clients that bank with the Royal Bank of Scotland and NatWest, enabling them to add their new clients to the service for free

Insight / SEC cracks down on false claims for blockchain offering

The Securities and Exchange Commission (SEC) has taken steps via an emergency court order to halt a planned initial coin offering (ICO) by a company called Blockvest, which backers falsely claimed was approved by the US regulator
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